Small and Mid-Cap indices show resilience amid market slump

Indian markets closed lower last Friday, with the Sensex down 425 points and Nifty 50 falling 127 points. Despite this, small and mid-cap indices showed some resilience, gaining over the week after steep declines earlier. Analysts at ICICI Securities predict a rebound in corporate earnings, potentially boosting Sensex to 90,000 in the next year.